One major difference between Discover and Rocket Mortgage (aside from only the former listing its rates online) is that ...

Generally, longer-term loans have higher interest rates. According to Ken Flaherty, senior manager of retail lending for ...

One of the biggest perks of owning a home is the equity it allows you to build. When you sell, that equity can translate to ...

Lenders are increasingly saying goodbye to appraisals for HELoans and HELOCs. We closely look at no-appraisal home equity loans — and whether you need a traditional appraisal at all.

What do you do if you want to tap your equity without losing your low rate? You go for a home equity loan or a home equity ...

Lenders are rethinking traditional appraisal defaults in home equity lending as faster, data-driven alternatives offer speed, savings, and regulatory compliance.

Home equity represents how much you own of your home compared to what the bank or mortgage lender owns. If you've paid off your home in full, you have 100% equity.

Homeowners who want to lower their monthly mortgage payments often consider refinancing. However, a loan recast could be a better choice. Mortgage recasting involves making a very large prepayment ...

A home equity loan is a lump-sum loan based on how much of your home you own outright. So if your loan-to-value ratio (LTV) is 50%, you can borrow, say, 80% of that LTV.